India Edition

India Interests At Stake After Trump’s Iran Threat

It’s unlikely that the Modi government would risk an additional 25% US levy.

US President Donald Trump said he is imposing a 25% tariff on goods from countries “doing business” with Iran.Photographer: Francis Chung/Politico/Bloomberg

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By Menaka Doshi and Saritha Rai

January 13, 2026 at 11:59 AM UTC

Welcome to India Edition, Bloomberg’s daily dive into what’s moving the worlds of business, markets and politics in this dynamic, fast-paced economy. I’m Menaka Doshi. If you didn’t receive this directly in your inbox, you can subscribe here, and share feedback with us here.

Today, I analyze how the Modi government will be viewing Trump’s new Iran threat, and my colleague Saritha Rai looks at how India can improve its presence in the global electronics arena.